The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
Warren BuffettAs one of my older friends says, "Nostalgia just isn't what it used to be." Let's take a stab at it, anyway.
Warren BuffettNever count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
Warren BuffettIf you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.
Warren BuffettWhatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
Warren BuffettPart of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots of mistakes. I'm going to make more. It's the name of the game. You don't want to expect perfection in yourself. You want to strive to do your best. It's too demanding to expect perfection in yourself.
Warren Buffett